Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India	B) IDBI Bank
C) United Bank of India	D) Indian Bank

Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Q:

Which of the following Cryptocurrency Dealers launched India’s first mobile ‘Bitcoin trading' app for transacting in virtual currencies?

A) EtherDelta Exchange	B) BitFin Exchange
C) Venus Exchange	D) Pluto Exchange

Answer & Explanation Answer: D) Pluto Exchange

Explanation:

Pluto Exchange, a Dubai-based Cryptocurrency Dealer has launched the India’s first mobile ‘Bitcoin trading app’ fortransacting in virtual currencies. Users of Pluto Exchange’s app will be able to buy, sell, store and spend bitcoins via mobile number using four-digit Personal Identification Number (PIN).

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Q:

As per the 2016-17 Budget, the largest source of money to the Government of India is

A) Income Tax	B) Corporation Tax
C) Non-tax revenues	D) Borrowings and other liabilities

Answer & Explanation Answer: D) Borrowings and other liabilities

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which among the following is NOT an event during the photosynthesis process?

A) Absorption of light energy by chlorophyll	B) Conversion of light energy to chemical energy
C) Splitting of water molecules into hydrogen and oxygen	D) Oxidation of carbon dioxide to carbohydrates

Answer & Explanation Answer: D) Oxidation of carbon dioxide to carbohydrates

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which of the following minerals is not found in the plateau regions?

A) Coal	B) Iron ore
C) Mineral oil	D) Manganese

Answer & Explanation Answer: C) Mineral oil

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Rate of the growth of an economy is measured in terms of

A) National income	B) Monthly family income
C) Number of people who have been lifted above the poverty line	D) Industrial Development

Answer & Explanation Answer: A) National income

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which subatomic particle determines the identity of an element?

A) Electrons	B) Protons
C) Neutrons	D) All the above

Answer & Explanation Answer: B) Protons

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

What is the full form of PVC?

A) Phosphonil vinyl Carbonate	B) Polyvinyl S Carbonate
C) Polyvinyl Carbonate	D) Polyvinyl Chloride

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